You are viewing a single comment's thread from:

RE: TRANSFER OF WEALTH...

in #steemsilvergold7 years ago (edited)

You're either holding Physical Coinage when they Flip the Switch or you won't be... You won't lose either way... I figure the Purchasing Power of four rolls of the U.S. Dollar Coins would be the same as having $10,000 is now... Each Roll of Quarters will be the same as $1,000 is now... What gives the Coinage Value is not the Copper coated Zinc Coins or any other Metal used to make our Coinage... Just like it's not about the Paper that gives the Currency any Value... Prices won't change at the stores with the Old Paper Dollars, but if you're using Coinage, the price will be a hundred times less... In other words, you can buy a can of Soup for either one old paper dollar, or for one Cent... Eventually, all the Old paper dollars will be turned in, never to be used again... A New Paper Currency will be issued and backed by Common Coinage... Thanks for commenting...
@pocketechange

Sort:  

I guess you can't upvote an expired post, but you're still allowed to Reply...
I can reply and you can upvote either mine, yours or both...
@pocketechange